South Africa’s National Union of Mineworkers (NUM) said it had agreed a wage deal with Sibanye Stillwater’s gold operations after months of negotiations, reported Reuters. The miner agreed to increase monthly pay for its lowest paid workers by 900 rand ($50.91), while miners, artisans and officials would get a 5.5% raise, NUM said. The one-year agreement is set to be…
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Chile’s state-run Codelco has signed an agreement with local units of Japan’s Toyota and Mitsui to explore mobilization options to reduce emissions at its operations, reported Reuters. The news agency said the world’s largest copper producer has been seeking to improve its productivity and reduce emissions amid increased customer demand. “The project contemplates the intention of sharing knowledge, conducting studies…
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Hitachi Construction Machinery subsidiary H-E Parts International reached an asset purchase agreement with Brake Supply on November 1 for its mining machinery component remanufacturing business. Through the acquisition, which is expected to be completed in early December, H-E Parts will utilize Brake Supply’s North American remanufacturing bases, parts warehouses, and human resources, thereby strengthening the structure of the remanufacturing business…
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MSHA reported that on April 13, a front-end loader operator at Martin Marietta Materials’ Morgan County Quarry in Buckhead, Ga., drowned, lying face down in a pool of water. The front-end loader operator was last seen using a water hose to wash material off a concrete pad next to a pool of water. This is the 25th fatality reported in…
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New official data from China is reportedly revealing that iron ore imports in the country have been up this year through October, and in that month alone jumped 4.48% year-over-year on rises in steel margins.
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Rio Tinto said it is partnering with China’s State Power Investment Corporation (SPIC) to demonstrate battery swap electric haul truck technology at the Oyu Tolgoi copper mine in Mongolia.
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ABB has signed an agreement to purchase Aurora Motors. This acquisition provides a well-regarded product portfolio, a long-standing customer base in 30 countries and an experienced customer-centered sales structure, as well as solid partnerships with strategic suppliers.
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Equinox Gold said its Greenstone mine in Ontario, Canada, has reached commercial production based on the operating progress achieved through October. At full production, the mine will be one of Canada’s largest and highest-grade open-pit gold mines.
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Hecla Mining Company has appointed Rob Krcmarov, a 30-plus-year veteran of mining and former Barrick executive, as the company’s new president and chief executive officer, effective November 7. Full story.
Read MoreEero Mäkinen (1886-1953), a pioneer of the Finnish mining industry and one of the key inventors of flash smelting, has been inducted into the National Mining Hall of Fame. The induction ceremony took place in Denver, Colo., on November 2. Mäkinen played an important role in the development of the modern mining industry in Finland. During his career, he made…
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